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Aviation Airbags Market 2027 Key Business Strategies by Leading Companies AmSafe, AMS Aircraft Recovery Limited, Musthane, Pronal, IUC Technologies, LLC, Nufox Rubber Limited, RESQTEC IDEX, Scroth Safety Products GmbH

06-03-2020 03:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

The global aviation airbags market is segmented into type, type of aircraft, material, application, and region. Depending on type, the market is bifurcated into passenger airbags and aircraft lifting airbags. Passenger airbags are sub segmented into pilot airbags and business class. Aircraft lifting airbags further divided into single element airbags, modular airbags, and multistage airbags. By type of aircraft, the aviation airbags market is segregated into military aircraft, civil aircraft, commercial aircraft, and others. As per material, it is fragmented into nylon 6, nylon 6,6, nitrile, neoprene, and others. The applications covered in the study include passenger safety and aircraft lifting. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Aviation airbags are equipped in seatbelts of airlines to lessen the impact of crashes and minimizes the risk of injuries. In 2003, airbags were first certified for pilot and copilot seats on general aviation (GA). Airbags are now included as standard equipment in the pilot and copilot seats of over half of all newly manufactured single-engine GA airplanes. A crash sensor is installed in the device known as electronics module assembly (EMA) that provides the signal to deploy airbag system. These airbags on airplanes can significantly increase passenger safety in accidents that occur during taxiing, takeoff, and landing.

The growth of the global aviation airbags market is majorly driven by upsurge in deployment of airbags to mitigate head impact or injuries in case of emergency landing or crash. Furthermore, rise in air traffic has resulted in increased air fleet sizes. This has led to the introduction of new domestic and international routes, which in turn has escalated the demand for new aircraft, thereby boosting the growth of the airbags market. Moreover, governments of various countries have introduced stringent regulations regarding passenger and crew safety during the travel, which fuels the need for airbags, thus augmenting the global market growth. However, high cost of installation hampers the aviation airbags market growth. In addition, resistance in public acceptance and one-time use of airbags act as the key restraining factors of the global market. On the contrary, rise in use of airbags and increase in R&D activities to increase efficiency of airbag system in the aviation sector are expected to offer lucrative opportunity for aviation airbags market expansion.

The key players operating in the global aviation airbags market are AmSafe, Inc., AMS Aircraft Recovery Limited, Musthane, Pronal, IUC Technologies, LLC, Nufox Rubber Limited, RESQTEC IDEX, Scroth Safety Products GmbH, and Company 10. These major companies are adopting a number of strategies such as product launch, R&D, and others to strengthen their foothold in the market. Among these key players, AmSafe, Inc. is the leading manufacturer of aviation airbags systems for commercial and private aircraft.

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AVIATION AIRBAGS MARKET KEY SEGMENTS

By Type

o Passenger Airbags (Pilot Airbags and Business Class)
o Aircraft Lifting Airbags (Single Element Airbags, Modular Airbags, and Multistage Airbags)

By Type of Aircraft

o Military Aircraft
o Civil Aircraft
o Commercial Aircraft

By Material

o Nylon 6
o Nylon 6,6
o Nitrile
o Neoprene
o Others

By Application

o Passenger Safety
o Lifting Aircraft

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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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